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$1,525,000
Est. payment /mo
6 Beds
7 Baths
4,517 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,517 sqft
Price per Sqft $337
MLS Listing ID 25502965
Bedrooms 6
HOA Y/N No
Year Built 1930
Lot Size 9,361 Sqft
Property Description
HUGE PRICE IMPROVEMENT! - Located on prestigious Fern Avenue in the highly desirable Smiley Heights Historic District, this 7-unit multifamily property is a rare find in an A+ Redlands location. Just minutes from Downtown Redlands, the University of Redlands, and ESRI headquarters - the world's leading location-based technology company - this property is perfectly positioned for strong rental demand. Situated on a spacious 9,300+ sq. ft. lot, this property features a huge parking area with 4 private garages plus additional open parking spaces. Additionally, the ample lot size provides excellent potential for adding Accessory Dwelling Units (ADUs), offering investors a fantastic opportunity to increase rental income. Residents enjoy the best of South Redlands, with tree-lined streets, historic charm, and modern conveniences all within reach. The area boasts top-rated public schools, scenic parks, shopping centers, fitness facilities, and a vibrant dining scene. Plus, with easy access to I-10, San Bernardino International Airport (7 miles away), and surrounding cities, this is an unbeatable location for tenants. This is an outstanding opportunity to own a well-positioned investment property with significant value-add potential in one of Redlands' most sought-after areas.
Location
State CA
County San Bernardino
Area 268 - Redlands
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Private, One Space, Uncovered
View Y/N Yes
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Architectural Style Craftsman
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0173033050000
Special Listing Condition Standard
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Listed by Jesse Stamps Keller Williams Beverly Hills